The Azerbaijan International Operating Company (AIOC), operated by BP, announced the start-up of oil production from the West Chirag platform as part of the Azeri-Chirag-Gunashli (ACG) field development in the Azerbaijan sector of the Caspian Sea. Start-up of the West Chirag platform completes the C
Deepwater expenditure is expected to increase by 130%, compared to the preceding five-year period, totalling $260 billion (bn) from 2014 to 2018, with growth driven primarily by Africa and the Americas. As production from mature basins onshore and in shallow water declines, development of deepwater
A few days ago, Vestas’ first V164-8.0 MW prototype wind turbine has successfully produced its first kWh of electricity, making it the world’s most powerful turbine in operation. The turbine is now operational at the Danish National Test Centre for Large Wind Turbines in Østerild, where it will be c
A few days ago, Vestas’ first V164-8.0 MW prototype wind turbine has successfully produced its first kWh of electricity, making it the world’s most powerful turbine in operation. The turbine is now operational at the Danish National Test Centre for Large Wind Turbines in Østerild, where it will be c
In January 2014 Multi Maritime AS launched its latest concept for the series of MM offshore multi-purpose designs called MM 95 MSV. The design is continuing the success of the offshore “sisters” previously designed by Multi Maritime AS as MM66 MSV known in the market as “Atlantis Dweller”, MM76 MSV
To faciliate data standardization, the International Seabed Authority is pursuing efforts to standardize the taxonomy of three classes of fauna – megafauna, macrofauna and meiofauna. The three classes of fauna are associated with the three mineral resources (polymetallic nodules, polymetallic sulphi
Japan Oil, Gas and Metals National Corporation (JOGMEC, President: Hirobumi Kawano) announces that it has signed a Contract for Exploration for Cobalt-Rich Ferromanganese Crusts, in the high seas located approximately 600 kilometers offshore of south-east of Minami-Tori-Shima Island, with Internatio
Speaking to investors new Shell CEO Ben van Beurden updated on the company’s priorities: improving Shell’s financial results and achieving better capital efficiency, as well as continuing to strengthen operational performance and project delivery. Van Beurden, who became the new CEO of Royal Dutch S
UC Berkeley assistant professor Reza Alam, an engineer and an expert in wave mechanics is looking to harness the power of ocean waves with the seafloor “carpet” he is proposing that will convert ocean waves into usable energy. “There is a vast amount of untapped energy in the oceans, and with increa
Yachters and sailors are invited to help scientists track the movements of endangered humpback whales between NOAA’s Stellwagen Bank National Marine Sanctuary and its sister sanctuaries across the Caribbean as part of Carib Tails, a new international citizen science effort. Carib Tails is a collabor
South Stream Transport has contracted three pipe mills to supply over 75,000 steel pipes for the first line of the South Stream Offshore Pipeline. Europipe from Germany will supply 50% of the pipes, OMK from Russia 35%, and Severstal’s Izhora Pipe Mill in Russia another 15%. The contracts, with a to
After a three-year overhaul and major upgrade, the United States’ deepest-diving research submersible, Alvin, has been cleared to return to work exploring the ocean’s depths. The sub has been out of service since December 2010, undergoing a major upgrade, including the replacement of its personnel s
Ecofys performed a Front End Engineering & Design (FEED) study for Navitus Bay Wind Park, which identified the most cost-efficient electrical infrastructure design. This takes the development of the offshore wind farm an important step further. The proposed Navitus Bay Wind Park is a joint venture b
Efforts to lower the cost of offshore wind energy have taken a step forward with the SPARTA (System Performance, Availability and Reliability Trend Analysis) project, which will create a database for sharing anonymised offshore wind farm performance and maintenance data. The project was launched tod
